SOURCE: Host Analytics

Host Analytics

March 15, 2011 11:03 ET

Host Analytics Earns Industry Praise From Gartner for Providing Affordable, Easily Implemented SaaS-Based CPM Solution

Leading Industry Analyst Firm Recognizes Value of Company's Cloud-Based Delivery Method, Expanding Customer Base and More

REDWOOD CITY, CA--(Marketwire - March 15, 2011) - Host Analytics, the leading provider of SaaS-based corporate performance management (CPM) solutions, today announced industry recognition by leading analyst firm Gartner in its 2011 Magic Quadrant for Corporate Performance Management Suites. The report, which recognizes the significant and growing demand for CPM solutions, lauds Host Analytics for providing an affordable and easily implemented suite due to its SaaS-based delivery method, as well as the technology's ability to meet the company's growing range of customers -- from small and midsized businesses to larger enterprises.

"We are thrilled that the benefits of SaaS CPM continue to resonate with customers, media and industry experts," said Jon Kondo, CEO at Host Analytics. "Our continued recognition in Gartner's highly coveted Magic Quadrant for CPM Suites is an important factor in Host Analytics' rapid growth and a testament to the value that our SaaS solution provides. That value is especially evident in light of the growing acceptance of the technology from both our broadening customer base and industry in general. That is the reason enterprises both large and small continue to turn to Host Analytics."

Gartner recommends CPM as a suitable fit for nearly all organizations, and one that should be a priority initiative for CFOs to enable the finance function to deliver-short and long-term strategic benefits to business.

The report recognizes the intuitive interface of Host Analytics' CPM suite, noting its unique Excel-like interface for enabling effective decision making via budgeting, financial consolidations, reporting and analysis. In addition, Gartner identifies the company's recurring revenue stream from its SaaS offerings as providing the consistency and capability to continue to develop and support its products because it is less subject to market fluctuations.

"We believe our focus on delivering the best SaaS CPM experience has differentiated us from the competition. Our continued movement to the upper right quadrant of Gartner's Magic Quadrant speaks volumes to both our vision and ability to execute on that goal," Kondo said.

To access the full Gartner report on corporate performance management solutions, please visit: http://www.gartner.com/DisplayDocument?id=1578314.

Relevant links
Gartner Magic Quadrant for Corporate Performance Management Suites

Host Analytics' Blog

Host Analytics Q4 2010 Corporate Momentum press release

About Host Analytics
The Host Analytics Decision Platform™ reveals the full implications of decisions -- both risk and reward. As the industry's first cloud-based corporate performance management (CPM) suite, Host Analytics improves budgeting, forecasting, financial consolidations, dashboarding, scorecarding, reporting and analysis to drive fact-based decisions for finance executives. Host Analytics serves midsize to large customer organizations including JP Morgan Chase, Procter & Gamble, Crocs, Thule, Otis Spunkmeyer, Schumacher and Red Roof Inn. Founded in 2000, Host Analytics was named among JMP Securities' Hot 100: The Best Privately Held Software Companies and the AlwaysOn OnDemand 100. The company has also received industry accolades such as the 2010 Ventana Research Leadership Award and the 2010 Editors' Choice Award From TechWeb's Intelligent Enterprise.

For additional information, visit http://www.hostanalytics.com/ or join the conversation at www.twitter.com/host_analytics.

Contact Information

  • Contact Information:
    Tami Casey
    Kulesa Faul for Host Analytics
    (650) 340-1984
    Email Contact